SHIB and BONK trade in tight ranges as BlockDAG reports large token-sale totals

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Shiba Inu (SHIB) is trading near $0.00001273, with recent price action focused on whether it can hold a well-watched support area or move lower. At the same time, recent BONK market activity suggests stabilization, with no clear breakout signal at the time of writing.

While SHIB and BONK remain range-bound amid broader market pressures, BlockDAG has been drawing attention due to figures the project has publicized around its fundraising. According to project materials, it has raised nearly $400 million, sold 25.9 billion coins, and attracted 3 million users to its mobile mining app.

BlockDAG (BDAG) says it is prioritizing product delivery and ecosystem development. As with any early-stage crypto project, independent verification of project-reported metrics and timelines may be limited.

SHIB Trades Near Key Support Amid Market Uncertainty

Shiba Inu (SHIB) is currently trading around $0.00001273, reflecting a decline of roughly 2.3 percent over the past 24 hours. The coin continues to trade within a narrow channel between $0.00001173 and $0.00001428, which has acted as a contested zone for weeks. This range is being watched for signs of a shift in short-term direction.

On-chain activity has shown signs of cooling, with fewer whale transactions and reduced inflows to exchanges, suggesting cautious sentiment. SHIB has also historically experienced sharp, sentiment-driven moves during periods of elevated social media attention, though these bursts can be difficult to anticipate and may reverse quickly.

From a technical perspective, holding the current support channel could keep the range intact, while a breakdown below it could open the door to additional downside. Traders typically evaluate these setups alongside liquidity, broader risk sentiment, and volatility.

BONK Holds Support as Traders Watch for Direction

Bonk (BONK) has been trading near a recent support area, the same region associated with its July move to $0.00004 before a sharp 44 percent pullback. This zone remains in focus because it may influence whether BONK continues to stabilize or trends lower.

Trading volumes have shown a slight uptick, indicating some return of activity. BONK has also tended to move in line with broader market direction at times, including Bitcoin, meaning shifts in overall risk appetite can affect short-term price behavior. If sentiment remains muted, the token may continue consolidating within a narrow range.

As with other high-volatility tokens, short-term moves can be driven by market-wide flows and rapid sentiment shifts, and downside risk can be significant.

BlockDAG Highlights Infrastructure Plans and Adoption Metrics

BlockDAG has positioned its messaging around building infrastructure rather than short-term price moves. The project says its token sale has raised almost $400 million, with 25.9 billion BDAG coins sold. It has also announced a BDAG Deployment Event in Singapore and has listed a token-sale price of $0.0013 in its materials at the time of writing.

The project also reports early activity related to physical mining hardware, stating that more than 19,594 ASIC miners have been sold ahead of mainnet availability.

Hardware purchases can involve substantial upfront cost and operational risk, and participation decisions typically depend on factors such as energy pricing, device delivery timelines, network parameters, and market conditions. If deployed, miners would contribute to network security under the project’s described hybrid DAG plus Proof-of-Work design.

Beyond hardware, BlockDAG states that its X1 mobile miner app has onboarded 3 million users globally, and that its community includes more than 200,000 holders. These figures are based on project statements and may not be independently verified.

Online commentary sometimes speculates about future listings and potential price levels for early-stage tokens, but such projections are inherently uncertain and should not be treated as forecasts.

Comparing the Current Setups

Recent SHIB discussion has centered on whether it can hold key support, with sentiment and community attention sometimes influencing short-term volatility. BONK remains sensitive to broader market direction, including periods where it moves in tandem with Bitcoin’s trend.

BlockDAG, meanwhile, is being discussed primarily through the lens of the project’s reported token-sale totals, mining hardware sales, and user adoption figures ahead of its mainnet timeline. As with any early-stage crypto network, outcomes depend on execution, market conditions, and the ability to deliver what is described in public materials.


This article contains information about a cryptocurrency token sale and project-reported metrics. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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